Political Science is natural limit to a joyful journey of synthesis 337.0

Political science seems the natural limit to an enjoyable journey of synthesis that started with innovation. For an emerging market, I always believed that Government has a big role to play in catch up development. This is proven especially by the success of our neighbors in East Asia. The question is more about how to [...]

Industrial Policy Wears Many Guises in America from Alexander Hamilton 308.0

Industrial Policy has been equated with Socialism in America from the middle off the 20th century. As an epithet hurled at President Obama typically by tea party members, Socialism is taken today as a term of abuse. Industrial policy has become a cliché where mere mention is often followed by outright rejection. In today’s cluttered [...]

Manila and the Philippines will stay laggards also sprach McKinsey 298.0

Yesterday, McKinsey published Global cities of the future showing the 600 cities that will account for more than 60% of global GDP growth by 2025. From the article, I derived McKinsey’s current thinking behind the report – a disturbing though not surprising insight to me – that Manila will stay a laggard among its peer [...]

Modern Industrial Policy Discovers Locomotives in Global Supply Chains 297.0

Modern versions of industrial policy and the broader field of development economics are coming back into center stage says Nobel winner Joseph Stiglitz in an IMF blog. This renewal comes after the failure of neoclassical macroeconomics to forecast the recent financial crisis and to explain the continuing success of emerging markets like China and India [...]

Philippines World Best in Microfinance Regulatory Framework 272.0

There is good news and bad news in the world of microfinance. First, the bad news. As I have noted in SYNTHESiST on November 21, 2010 at the end of the post on CARD MRI, the Philippines best (my take) and largest microfinance institution (MFI), there is a looming crisis in Andra Pradesh, India as [...]

Philippines Tops India as Site for Business Support Services 270.0

The 2010 IBM Global Location Trends report was the sole basis for self-congratulating articles in Philippine newspapers who played up the positive on business support services. Indeed, we have much to be proud about the success of the IT-enabled contact center industry, as source of export dollars and employment, thus far. Note: I did have [...]

Emerging Markets Innovation Systems Must Target Diffusion 268.0

CARD MRI Fosters an Army of Entrepreneurs with Microfinance 266.0

In December 1986, the Center for Agriculture and Rural Development (CARD) Inc. was organized as a social development foundation to address the growing poverty incidence in depressed communities in Regions IV and V. From the beginning, CARD sought to achieve this goal by turning poor, landless, rural women into an army of entrepreneurs by granting [...]

Catch-up Innovation Systems for Emerging Markets 264.0

This is a great book for someone looking at innovation from a theoretical, evolutionary economics standpoint – the papers are good focusing devices for guiding a practical strategy for a country like the Philippines that must be finally defined by local context. The book looks at innovation mainly from a social science point of view [...]

GLOBELICS for Inclusive Development and Innovation for the Poor 262.0

The 8th GLOBELICS jumped right into its first order of business in the plenary and in Track 1 of the parallel sessions, “Innovation for the Poor [and Inclusive Development].” This after doing the right first thing in the memorial to Christopher Freeman. The highlight in the Innovation for the Poor track was the special panel [...]

Hans Rosling at TEDIndia on India and China 139.0

Economic and social convergence with USA by 2048 At the inaugural TEDIndia event, Hans Rosling, a notable statistician, says that China and India will catch up with the United States on July 27, 2048 which just happens to be his 100 birthday. He starts his time series from 1858, a notable year in technology and [...]

Benedict Anderson Suggests Social Innovation Tools 136.0

Benedict Anderson’s imagined community powers nationhood “In Fuzhou, far away, my wife is watching The moon alone tonight… When will we feel the moonlight dry our tears, Leaning together on our windowsill?” In 1983, way before the Internet, a special friend implored me to gaze at the moon while at the same time she looked [...]

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